ILS capital grew to $88bn in 2017

According to the latest market data from capital markets and insurance-linked securities (ILS) brokerage unit Willis Towers Watson Securities (WTWS), the amount of ILS capital in reinsurance markets grew by a stunning 17% over the course of 2017, to reach $88 billion.

This is despite the major catastrophe losses that the market experienced in the third and fourth-quarters of last year, which WTWS notes is a demonstration that, “The ILS market was able to withstand the 2017 natural catastrophe losses as funds diligently reached out to their investors and risk partners ensuring an orderly and supportive environment.”